Renault electric vehicle sales plummet in first half of 2022 amid global microchip shortage

French carmaker Renault said on Tuesday that sales of its conventional and electric vehicles fell in the first half of this year due to the global semiconductor shortage. It said it sold 1,000,199 units in the first half of 2022, a 12 percent drop from the same period last year. The data for both years does not include sales in Russia.

Renault said the drop in sales comes “in a context disrupted by the semiconductor crisis and marked by the cessation of the group’s operations in Russia”.

Semiconductors are electronic components that are indispensable in both conventional gasoline-powered and electric vehicles.

The global shortage of such parts has forced automakers around the world to temporarily curtail and even halt production.

Renault said its own brand continued to record strong growth in the electrified market.

“Electrified markets are booming in Europe and Renault is well placed to meet this new customer demand with suitable products,” said Fabrice Cambolive, deputy head of the Renault brand.

“In the second half of the year, we will accelerate the electrification of our range with the launch of the all-new Megane E-Tech electric, Kangoo E-Tech electric and New Austral,” said Cambolive.

The E-Tech Range — Electric Vehicles and Hybrid Powertrains accounting for 36 percent of passenger car sales in Europe in the first half of 2022, compared to 26 percent in 2021, Renault said.

Tesla’s April to June sales also fell to their lowest quarterly level since last fall, as supply chain problems and pandemic restrictions in China have hampered production of its electric vehicles.

The company announced on Saturday that it sold more than 254,000 cars and SUVs from April through June, down 18 percent from the first three months of this year and also well below the pace in the last quarter of last year. .

The last time Tesla sold fewer vehicles worldwide was in the third quarter of 2021 when it delivered 241,000.

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